SPSE/2218 (SPSE/2218)

Sapporo Stock Exchange: SPSE/2218 · JPY

¥2,180

+9.00 (+0.4%)· Recorded snapshot

Market cap	4.6B
Revenue (ttm)	17.4B
Net income (ttm)	159.4M
EPS (ttm)	¥76.0
Shares out	2.1M
P/E (trailing)	28.7x
Dividend	¥15.0 (0.69%)
Volume	3,100
Beta	0.16

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 17.4B
Net income (ttm): 159.4M
EPS (ttm): ¥76.0
P/E (trailing): 28.7x
Market cap: 4.6B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/E28.7

P25 n/aP50 n/aP75 n/a

ROE6.4

P25 n/aP50 n/aP75 n/a

ROIC6.1

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SPSE/2218 indicators

Market & fundamental data

Available fields

233

Groups with data

Currency

JPY

Showing 233 of 233 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	JPY
Country	Japan
Country code	JP
Earnings date	2026-11-04
Employees	682
Employees change	8
Employees growth	1.19%
Exchange	Sapporo Stock Exchange
Financial currency	JPY
Financial report date	2010-12-31
First seen	2026-05-10
Fiscal year end	March
Founded	1943
Industry	Bakery Products
Is primary listing	Yes
ISIN number	JP3664800004
Last earnings date	2026-01-25
Last refreshed	2026-10-28
Last stock split date	2017-09-27
Last stock split type	Reverse
Market cap	JPY 4.6B
Next earnings date	2026-11-04
Price	JPY 2,180.00
Price currency	JPY
SIC code	2050
Stock price date	2026-10-27
Symbol	spse/2218
Website	https://www.nichiryo-pan.co.jp

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	19.83x
Average P/E ratio (3Y)	20.92x
Average P/E ratio (5Y)	31.15x
Earnings yield	3.49%
FCF yield	0.42%
Graham number	1454.73005
Graham upside	-33.27%
Lynch fair value	JPY 380.02
Lynch upside	-82.57%
P/B ratio	1.76x
P/E ratio	28.68x
P/FCF ratio	237.42x
P/OCF ratio	7.28x
P/S ratio	0.26x
Price / tangible book value	1.82x
Price/EBITDA ratio	5.8x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	1.63%
EBITDA margin	4.53%
FCF margin	0.11%
Gross margin	23.47%
Operating margin	1.63%
Pretax margin	0.88%
Profit margin	0.92%
Profit per employee	JPY 233,705
Revenue per employee	JPY 25.5M
ROA	1.38%
ROA (5Y)	1.44%
ROCE	4.08%
ROE	6.37%
ROE (5Y)	7.13%
ROIC	6.08%
ROIC (5Y)	5.29%
Tax / revenue	-0.04%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	38.13%
EPS growth (Q)	79.38%
EPS growth (QoQ)	94.13%
EPS growth 3Y	2.27%
FCF growth	30.24%
FCF growth (QoQ)	182.04%
FCF growth 3Y	-56.44%
Gross profit growth	4.2%
Gross profit growth (Q)	6.06%
Gross profit growth 3Y	1.66%
Gross profit growth 5Y	0.04%
Net income growth	38.11%
Net income growth (Q)	79.35%
Net income growth (QoQ)	94.12%
Net income growth 3Y	2.23%
OCF growth	10.78%
OCF growth (Q)	121.71%
OCF growth (QoQ)	-25.93%
OCF growth 3Y	-6.52%
Operating income growth	24.43%
Operating income growth (Q)	26.9%
Operating income growth 3Y	-4.95%
Operating income growth 5Y	1.85%
Revenue growth	-0.96%
Revenue growth (Q)	0.82%
Revenue growth (QoQ)	7.93%
Revenue growth 10Y	-4.34%
Revenue growth 3Y	0.07%
Revenue growth 5Y	-1.92%

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	JPY -608.4M
Depreciation and amortization	JPY 504M
EBIT	JPY 283.8M
EBITDA	JPY 787.8M
EPS	JPY 76.00
FCF per share	JPY 9.18
Financing cash flow	JPY -193.3M
Free cash flow	JPY 19.3M
Gross profit	JPY 4.1B
Income taxes	JPY -7.2M
Investing cash flow	JPY -453.5M
Net borrowing	JPY -193M
Net cash flow	JPY -19.1M
Net income	JPY 159.4M
Operating income	JPY 283.8M
Revenue	JPY 17.4B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	1.31
Book value per share	JPY 1,237.50
Debt / EBITDA	4.65
Debt / equity	1.41
Debt / FCF	190.38
Interest coverage	4.3
Long-term assets	JPY 8.4B
Long-term liabilities	JPY 4.4B
Net cash (debt)	JPY -2B
Net cash / market cap	-44.3%
Net debt / EBITDA	2.57
Net debt / equity	0.78
Net debt / FCF	105.19
Piotroski F-Score	8
Property, plant and equipment	JPY 7.8B
Shareholders' equity	JPY 2.6B
Tangible book value	JPY 2.5B
Tangible book value per share	JPY 1,200.56
Total assets	JPY 12.8B
Total cash	JPY 1.6B
Total debt	JPY 3.7B
Total liabilities	JPY 10.2B
WACC	3.48%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	1.35
Current assets	JPY 4.3B
Current liabilities	JPY 5.8B
Current ratio	0.75
Inventory turnover	40.4
Net working capital	JPY -757.3M
Quick ratio	0.67
Working capital	JPY -1.5B
Working capital turnover	-11.47

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	0.02%
Dividend growth	0%
Dividend growth (10Y)	-2.84%
Dividend growth (3Y)	0%
Dividend growth (5Y)	0%
Dividend growth years	0
Dividend payment date	2026-06-29
Dividend payment years	10
Dividend payout frequency	Annual
Dividend per share	JPY 15.00
Dividend yield	0.69%
Ex-dividend date	2026-03-30
FCF payout ratio	163.36%
Last dividend	JPY 15.00
Payout ratio	19.74%
Shareholder yield	0.71%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	22.47%
10Y return CAGR	2.78%
10Y total return	31.54%
150-day SMA	JPY 2,201.09
15Y price change	142.22%
15Y return CAGR	6.58%
15Y total return	160.16%
1D price change	0.41%
1M price change	0.69%
1M total return	0.69%
1W price change	0.28%
1W total return	0.28%
1Y price change	-1.76%
1Y return CAGR	-1.12%
1Y total return	-1.12%
20-day SMA	JPY 2,167.95
200-day SMA	JPY 2,218.01
20Y price change	61.48%
20Y return CAGR	2.79%
20Y total return	73.44%
3M price change	0.69%
3M total return	0.69%
3Y price change	2.69%
3Y return CAGR	1.54%
3Y total return	4.7%
50-day SMA	JPY 2,162.86
50-day SMA vs 200-day SMA	50under200
52-week high	JPY 2,355.00
52-week high date	2026-03-16
52-week low	JPY 2,140.00
52-week low date	2026-08-03
5Y price change	2.35%
5Y return CAGR	1.14%
5Y total return	5.82%
6M price change	-1.04%
6M total return	-1.04%
All-time high	JPY 8,600.00
All-time high date	1992-01-24
All-time low	JPY 500.00
All-time low date	2000-10-19
Average true range (ATR)	JPY 5.24
Average volume	580
Beta (1Y)	-0.07
Beta (2Y)	-0.01
Beta (5Y)	0.16
Change from 52-week high	-7.43%
Change from 52-week low	1.87%
Change from all-time high	-74.65%
Change from all-time low	336%
Change from open	0.28%
Day's gap	0.14%
Dollar volume	JPY 6.8M
High price	JPY 2,180.00
Low price	JPY 2,174.00
Monthly RSI	46.16
Open price	JPY 2,174.00
Position in 52-week range	100%
Previous close	JPY 2,171.00
Price vs 150-day SMA	-0.96%
Price vs 20-day SMA	0.56%
Price vs 200-day SMA	-1.71%
Price vs 50-day SMA	0.79%
Relative volume	6.39
RSI	67.41
Sharpe ratio	-0.38
Sharpe ratio (3Y)	0
Sharpe ratio (5Y)	-0.02
Sortino ratio	0.01
Sortino ratio (3Y)	0.35
Sortino ratio (5Y)	0.28
Volume	3.1K
Weekly RSI	48.71
YTD price change	-3.11%
YTD total return	-2.48%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	552.4K
Shares change (QoQ)	-0%
Shares held by insiders	0.97%
Shares held by institutions	5.72%
Shares outstanding	2.1M

Deeper analysis on SPSE/2218

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this SPSE/2218 report

Is a complete SPSE/2218 research report available?

No complete published report is available for spse/2218 (SPSE/2218) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SPSE/2218 (SPSE/2218)

Price

Financial snapshot

Fair-value bridge

Latest news · SPSE/2218

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SPSE/2218 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on SPSE/2218

Frequently asked questions